New reports now clearly show that the administrators of Globespan and E-Clear are set to go to a High Court hearing soon in a bid to resolve the stalemate over £35 million in passenger funds. PricewaterhouseCoopers, an auditing firm, is asking a judge to put E-Clear into administration in a bid to release the funds following the collapse of the Scottish low cost carrier that left almost 4,500 people stranded when the company went bankrupt right before Christmas. It is well known now that E-Clear is being blamed for one of the major reasons why Globespan went down.

PricewaterhouseCoopers estimates potential claims of around £15 million rather than £35 million, and that the remaining £20 million relates to flights that have already taken place. The company says that it has repeated requests for a breakdown of E-Clear’s calculations and has been shunned. E-Clear has also resisted requests that the money be put into a joint bank account. PricewaterhouseCoopers hopes to force E-Clear to answer these questions in court now.

PricewaterhouseCooper’ Bruce Cartwright, one of the Globespan’s administrators, said that this week that they have provided records of thousands of transactions to E-Clear. They do not expect them to pay all at once, but they are concerned as to why E-Clear has not explained to them how they have arrived at their estimate. He went on to add that it makes no sense to them why E-Clear has to suggest that the question of how much money they hold is of no relevance to the company. He said that he does not understand why Globespan cannot get a simple answer from them for a simple question.